1. Uses the sheet identified as "Exercise 1" in the document in Excel to answer the following question: Mention the financial statements used to perform a financial situation analysis and what information each one provides.

2. Uses the table provided in the Excel sheet identified

as "Exercise 2, 3, and 4" to analyze the effect of the following transactions (owner's equity) on the accounting equation.

oMercedes Marn owns Cleaning and more,an office cleaning company. At the end of the accounting period on December 31, 2019, Cleaning and more had $210,000 in assets and $55,000 in liabilities.

3. Uses the table provided in the Excel sheet identified as "Exercise 2 , 3, and 4" to analyze and indicate the effect of the following transactions on the accounting equation.

oSecurity and more is handled by Manuel Ayala. During the month of January, the following transactions were recorded:

The company received cash for an investment from the owner of $18,000.

A customer was offered a service on credit for $6,000.

Security and more paid an account that had on credit for $1,500.

$3,000 was received from the customer who had an on-credit account.

Equipment was purchased for the security guards in cash for $2,100.

4. Uses the table provided in the Excel sheet identified as "Exercise 2 , 3, and 4" to analyze and indicate the effect of the following transactions on the accounting equation.

oAccounting Express is an accounting company operated by Orlando Rojas. At the end of April, the following transactions were recorded:

Advertising expenses were paid for $2,000.

A $400 purchase of office supplies was made on credit.

Services provided to customers on credit were billed for $6,000.

A payment was received for a service provided on the time for $1,800.

A $2,500 credit service payment was received